Cambridge Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.65% | * 0.03% |
| 2009: | 22.09% | 0.13% |
| 2008: | 17.83% | 0.11% |
| 2007: | 12.02% | 0.07% |
| 2006: | 8.14% | 0.05% |
| 2005: | 8.53% | 0.05% |
| 2004: | 13.95% | 0.09% |
| 2003: | 8.91% | 0.05% |
| 2002: | 3.88% | 0.02% |
This graph illustrates the individual monthly volume history for Internet applications from Cambridge, ON.
The following bar graph represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Cambridge occur during our first quarter (represented by the brown bars) with 30.62% while our slowest is the fourth quarter (represented by the red bars) with 15.89%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | May: | 12.0% | |
| 2: | January: | 10.5% | |
| 3: | February: | 10.5% | |
| 4: | August: | 10.5% | |
| 5: | March: | 9.7% | |
| 6: | September: | 8.5% | |
| 7: | June: | 8.1% | |
| 8: | April: | 7.8% | |
| 9: | July: | 6.6% | |
| 10: | November: | 5.8% | |
| 11: | December: | 5.0% | |
| 12: | October: | 5.0% |
The bar graph listed below shows the busy days for mortgage applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Cambridge, the day with the most volume, having more than 18.99% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 11.63% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 19.0% | |
| 2: | Monday: | 17.4% | |
| 3: | Tuesday: | 16.3% | |
| 4: | Thursday: | 12.0% | |
| 5: | Saturday: | 12.0% | |
| 6: | Friday: | 11.6% | |
| 7: | Sunday: | 11.6% |
Inquiries are received 24 hours a day via our web site. The graph shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 1.2% |
| 01:00 to 01:59: | 0.8% |
| 03:00 to 03:59: | 0.4% |
| 04:00 to 04:59: | 0.8% |
| 05:00 to 05:59: | 0.8% |
| 06:00 to 06:59: | 1.9% |
| 07:00 to 07:59: | 4.7% |
| 08:00 to 08:59: | 5.4% |
| 09:00 to 09:59: | 7.4% |
| 10:00 to 10:59: | 9.3% |
| 11:00 to 11:59: | 5.0% |
| 12:00 to 12:59: | 6.2% |
| 13:00 to 13:59: | 5.4% |
| 14:00 to 14:59: | 7.4% |
| 15:00 to 15:59: | 4.7% |
| 16:00 to 16:59: | 3.9% |
| 17:00 to 17:59: | 6.6% |
| 18:00 to 18:59: | 10.5% |
| 19:00 to 19:59: | 5.8% |
| 20:00 to 20:59: | 5.4% |
| 21:00 to 21:59: | 3.1% |
| 22:00 to 22:59: | 1.6% |
| 23:00 to 23:59: | 1.9% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 009: | BARRIE, ON | 0.871% |
| 010: | WINDSOR, ON | 0.845% |
| 011: | BURLINGTON, ON | 0.817% |
| 012: | OAKVILLE, ON | 0.716% |
| 013: | OSHAWA, ON | 0.657% |
| 014: | CAMBRIDGE, ON | 0.606% |
| 015: | GUELPH, ON | 0.599% |
| 016: | ST CATHARINES, ON | 0.554% |
| 017: | BRANTFORD, ON | 0.547% |
| 018: | RICHMOND HILL, ON | 0.545% |
| 019: | ETOBICOKE, ON | 0.542% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 23.6% | |
| Refinance: | 21.7% | |
| First-time Buyer: | 14.7% | |
| No Money Down: | 11.2% | |
| Purchase: | 10.9% | |
| Renewal: | 9.7% | |
| Variable Rate: | 2.3% | |
| Pre-approval: | 1.9% | |
| Equity Mortgage: | 1.2% | |
| Other: | 2.8% | |
| Total Application Types Found: 16 | ||
Average age: 37
Oldest age: 73
Youngest age: 20
The amounts below are the average income of people living in Cambridge who have submitted a mortgage inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cambridge: | $55,566.58 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($3,015.80) |
| mortgage co-applicants in Cambridge: | $39,285.89 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($1,939.93) |
The information below represents the residential status of people living in Cambridge who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.7% | |
| Own: | 51.6% | |
| Other: | 2.7% | |
| No Comment: | 1.6% | |
| Live with parents: | 3.5% |
The information below shows the marital status of applicants from Cambridge, Ontario using the online mortgage application located at the CanEquity web site. In Cambridge, approximately 70% of the mortgage applicants are living common-law or married, while only 27% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.5% | |
| Single: | 20.9% | |
| Common-law: | 17.4% | |
| Separated: | 4.7% | |
| Divorced: | 1.9% | |
| Widowed: | 1.6% |
